Hasbro completed the divestiture of its eOne Music business, which was classified as a disposal group held for sale during the second quarter of 2021.
The company maintains three primary reporting segments: Consumer Products, Wizards of the Coast and Digital Gaming, and Entertainment.
The 2019 acquisition of Entertainment One (eOne) continues to impact financial reporting, involving significant allocations to trade names, customer relationships, and artistic-related intangible assets.
The company manages long-term debt obligations, including senior notes and a $10 billion term loan agreement established in connection with the eOne acquisition.
Financial reporting for the 2021 fiscal year ended December 26, 2021, following a reporting cycle that began on December 28, 2020.
Hasbro continues to hold an interest in 'The Network' joint venture, originally established in 2009 and involving Discovery Communications, Inc.
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